intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Simbian Emerges from Stealth with $10M to Build Fully Autonomous Security Platform Powered by GenAI

Simbian Emerges from Stealth with $10M to Build Fully Autonomous Security Platform Powered by GenAI

April 12, 2024 Craig Etkin

Company Launches Industry’s First Security Co-pilot that Adapts to Diverse IT Environments and Covers Entire Gamut of Security Functions, as First Step Towards Autonomous Security

April 11, 2024 05:00 AM Pacific Daylight Time

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Simbian today emerged from stealth mode with oversubscribed $10M seed funding to deliver on fully autonomous security. As a first step towards that goal, the company is introducing the industry’s first GenAI-powered security co-pilot that integrates secure and intelligent AI solutions into diverse IT environments to maximize coverage and expedite resolutions to security teams’ ever-changing needs. The co-pilot continuously observes user actions and environments, and learns to autonomously perform increasingly sophisticated tasks on its own with time. Simbian is committed to making security fully autonomous by delegating all tactical tasks to its trusted AI platform, allowing users to focus on strategic security goals.

Simbian launches industry’s first security co-pilot that adapts to diverse IT environments and covers the entire gamut of security functions as the first step towards autonomous security

Simbian, the name derived from the symbiotic relationship between humans and AI, has received initial investment from security and AI-focused investors Cota Capital, Icon Ventures, Firebolt and Rain Capital. Its founding team comprises leading AI researchers and security veterans who have created security products in broad use across enterprises today, and have 150+ patents across large language models, cloud computing, encryption, scalable architecture, transistors, and hardware design.

“Traditional approaches to security automation no longer suffice in today’s dynamic environments,” said Cota Capital Partner Aditya Singh. “Talent is getting scarce, and at the same time threat vectors are getting more complex. A fully autonomous security platform presents a big opportunity in the global cybersecurity market which, according to a cybersecurity market report, is to grow to $298.5 billion by 2028. Simbian is a leader in the field, using a deep understanding of the nuance and context of security automation that learns with AI and gets smarter and deeper over time.​ Simbian’s founding team has a uniquely proven background, having built NVIDIA GPUs, confidential computing, and leading cloud security solutions. We are thrilled to join Simbian in the journey to fully autonomous security.”

In addition, 15 of today’s most successful business leaders back the company, including Olivier Pomel, Co-founder and CEO at Datadog; Pankaj Patel, Co-founder and CEO at Nile; Diogo Monica, Co-founder and CEO at Anchorage Digital; Joe Sullivan, former CSO at Facebook, Uber and CloudFlare; Bharat Shah, former CVP of Microsoft Security; Suresh Batchu, Co-founder and COO at Seraphic; Paul Albright, Operating Partner at Goldman Sachs; Pierre Lamond, legendary Silicon Valley investor; and Gokul Rajaram, board member at Coinbase and Pinterest.

Simbian’s GenAI-powered platform is the industry’s first security co-pilot that adapts to diverse IT environments and covers the entire gamut of security functions. Most businesses have a mix of software from multiple vendors and in-house software. Each business and each member of a security team have unique, ever-changing security needs. Simbian helps every member of the security team from the CISO to the frontline practitioner solve their unique security needs in real-time. Users provide their goal in natural language, and Simbian’s patent-pending LLM-powered platform provides personalized recommendations and generates automated actions across heterogeneous environments – delivering better security outcomes, higher agility to evolving business needs and threats, and lower costs.

“Security is a domain of ever-increasing complexity,” said Sergey Gorbunov, Co-founder at Axelar. “Every day security incidents bring new variables. Simbian is taking a big step forward towards the mission of a fully autonomous security platform. We are excited to partner with them as it allows us to be strategic in our security goals, leaving the mechanics of security to Simbian.”

While security vendors are increasingly using GenAI, off-the-shelf GenAI models come with many security risks, including hallucinations, prompt injection risks, and exposure of PII and confidential data. Simbian minimizes these risks by leveraging a patent-pending hardened LLM system called TrustedLLM™ that utilizes multiple layers of security controls between the user and the GenAI models it uses under the hood.

“AI-driven security solutions can greatly improve threat detection, speeding remediation, and reducing complexity,” said Dave Gruber, Principal Analyst at Enterprise Strategy Group. “Simbian is bringing this vision to a reality, as they leverage AI to automate many of the more challenging, frequent security tasks performed by all levels of security analysts throughout their day.”

Simbian’s Co-founder and CEO Ambuj Kumar was most recently the Co-founder and CEO at Fortanix, a successful data security company, where he raised $135M+ and established the Confidential Computing security category. Mr. Kumar previously served as Lead Designer of NVIDIA GPUs and as Chief Architect at Cryptography Research Inc. Simbian’s Co-founder and CTO Alankrit Chona has extensive background in high scale platforms and data engineering from Twitter, and was a founding member of successful startups Afterpay and Spotnana.

“Security teams cannot keep up with the operational tasks they must do each day, despite years of investment in in-house automation and tools to make them more effective – which is why we founded Simbian,” said Ambuj Kumar, Simbian Co-Founder and CEO. “Early feedback and traction in the industry have been extremely positive, and we are excited to launch the company today. A first in the industry, Simbian puts the security operator firmly in charge of security decisions, and we enable the user to interact with products across vendors to get things done. We stand unique in the industry with our ability to generate commands in code using LLM and based on a natural language user interface, and we enable users to craft permutations of the actions we support, all on the fly.”

About Simbian

Using GenAI, Simbian is the industry’s first company to integrate secure and intelligent AI solutions into business operations across diverse IT environments to maximize security coverage and speed resolutions to security teams’ most pressing ever-changing needs. Simbian, with its hardened TrustedLLM™ system, is the first to accelerate security by empowering everymember of a security team, from the C-Suite to frontline practitioners, to craft tailored insights and workflows for their unique security needs – ranging from complex investigation and response to governance and reporting. The company is venture backed and headquartered in Mountain View, Calif. For more information, visit www.simbian.ai, or follow Simbian on https://www.linkedin.com/company/simbian/ and https://twitter.com/simbianai.

Simbian and TrustedLLM are or may be registered trademarks of Simbian.

Contacts

Dan Spalding
dan.spalding@simbian.ai
(408) 960-9297

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Mountain View, Simbian, Venture Capital

Post navigation

NEXT
Nectero Medical Announces Completion of $96M Series D Financing
PREVIOUS
DeepCure Closes $24M Funding Round Led by IAG Capital Partners
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
Load More... Subscribe

Categories

Recent Posts

  • Bespoken Spirits Announces Successful Close of Series-C Funding Round June 9, 2025
  • Bito Raises $5.7M Seed Extension to Expand AI Code Review Platform with Codebase Awareness June 9, 2025
  • Pillar Biosciences Raises $34.5M in Funding June 9, 2025
  • CloudZero Raises $56M Series C To Redefine Cloud Cost Optimization In The AI Era June 9, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.